Tortoiseecofin Acquisition Iii's ROA from the second quarter of 2024 to the second quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Tortoiseecofin Acquisition Iii's ROA in the second quarter of 2024?
Tortoiseecofin Acquisition Corp Iii achieved a return on average assets (ROA) of 2.52 % in its second quarter of 2024, this is above TRTLU's average return on assets of 1.41%.
Tortoiseecofin Acquisition Corp Iii assets over the 12 months ending in its second quarter of 2024 are valued at $225 million

ROA decreased relative to the period ending Mar 31 2024, due to the decline in net income.

However, within the Financial sector 281 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the first quarter of 2024 from 1610 to 1780.

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Return On Assets	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter
Y / Y Total Assets Change	-52.37 %	-47.69 %	-73.8 %	3.78 %	3.12 %
Y / Y Net Income Change	-82.01 %	-79.99 %	25.02 %	-72.34 %	37.43 %
Net Income (TTM) in million	6	9	13	12	14
Return On Assets (TTM)	2.52 %	3.28 %	4.09 %	2.76 %	3.27 %
TRTLU's Total Ranking	# 1780	# 1610	# 1650	# 1618	# 1462
Total Assets (TTM) in million	170	185	183	361	357
Seq. Total Assets Change	-8.11 %	0.92 %	-49.2 %	1.12 %	0.9 %
Seq. Net Income Change	-27.22 %	-68.59 %	275.44 %	-79.04 %	-19.04 %

TRTLU's 5 Years Annual ROA >> Back to TRTLU Management Effectiveness >> Compare TRTLU ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 53
Sector	# 282
Overall	# 1759

Return On Assets Statistics
High	Average	Low
4.09 %	1.41 %	-2.31 %
(Dec 31 2023)

Financial Statements
Tortoiseecofin Acquisition Iii's Assets	$ 170 million	TRTLU's Balance sheet
Tortoiseecofin Acquisition Iii's Income	$ 1 million	Quarterly TRTLU's Income Statement
TRTLU's Income by Division		See TRTLU's Income by Division

Annual Return On Assets	(Dec 31 2023) FY 2023	(Dec 31 2022) FY 2022	(Dec 31 2021) FY 2021	(Dec 31 2015) FY 2015	(Dec 31 2014) FY 2014
Y / Y Total Assets Change	-47.65 %	0.9 %	62.85 %	-0.25 %	-
Total Assets in million	183	350	347	213	214
Y / Y Net Income Change	-9.64 %	62.98 %	-	-	-
Net Income in million	13	14	9	-1	0
Annual Return On Assets	7 %	4.06 %	2.51 %	-0.26 %	-0.17 %

TRTLU's 5 Years Annual ROA >> Back to TRTLU Management Effectiveness >> Compare TRTLU ROA to its Competitors

Comment on TRTLU's ROA in the fiscal year ending 2023

Despite deterioration in net income of -9.64 % to $12.85 million, Tortoiseecofin Acquisition Iii's ROA improved in the fiscal year2023 to 7 % compared to previous year, as the value of TRTLU's assets decline even faster to $183.50 million, from $183.50 a year before.

More Return On Assets Ratios
TRTLU's' Return on Assets at Yahoo Finance
Blank Checks Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
TRTLU's Roa Ratio versus Blank Checks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for TRTLU's Competitors
Subscribers only: Roa for Tortoiseecofin Acquisition Iii's Suppliers
Subscribers only: Return On Assets for TRTLU's Customers

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	TRTLU's Profitability Ratios	TRTLU's Asset Turnover Ratio	TRTLU's Dividend Growth
TRTLU's Roe	TRTLU's Valuation Ratios	TRTLU's Financial Strength Ratios	TRTLU's Dividend Payout Ratio

Companies with similar Return On Assets at Jun 30 2024, within Financial Sector	ROA
Shf Holdings Inc	6.87 %
Gaming And Leisure Properties inc	6.87 %
Mr Cooper Group Inc	6.75 %
Brown and Brown Inc	6.69 %
Equity Lifestyle Properties Inc	6.65 %
Aon Plc	6.54 %
Cubesmart	6.52 %
Cincinnati Financial Corporation	6.51 %
Aspac Ii Acquisition Corp	6.43 %
Berkshire Hathaway Inc	6.42 %
Rli Corp	6.40 %
Greenlight Capital Re Ltd	6.37 %
NewLake Capital Partners, Inc.	6.23 %
Alliancebernstein Holding L p	6.18 %
White Mountains Insurance Group ltd	6.14 %
Vici Properties Inc	6.10 %
Elevance Health Inc	6.02 %
Assured Guaranty ltd	6.01 %
S and p Global Inc	5.95 %
Everest Group Ltd	5.90 %
Piper Sandler Companies	5.88 %
Spark I Acquisition Corp	5.76 %
Riot Platforms Inc	5.72 %
Locorr Futures Portfolio Fund L p	5.71 %
First Industrial Realty Trust Inc	5.64 %
Patria Latin American Opportunity Acquisition Corp	5.44 %
Utg Inc	5.42 %
Palomar Holdings Inc	5.33 %
Unitedhealth Group Incorporated	5.30 %
Integral Acquisition Corporation 1	5.27 %

Date modified: 2026-09-02T08:18:24+00:00

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